Global Fashion Group names CEO and CFO

Emerging markets fashion e-commerce company, Global Fashion Group, has named Romain Voog as its new chief executive officer and Nils Chrestin as chief financial officer, following the completion of a further funding round.

Voog, who joins from Amazon where he was most recently the company’s president and managing director for France, and Chrestin, who served as managing director and chief financial officer for Lamoda in Moscow, will both be responsible for the overall strategic and operational development of GFG, as well as the various group functions, with the Dafiti, Lamoda, Jabong, Zalora and Namshi management teams continuing to lead the strong regional fashion e-commerce platforms.

There appointments come as the group raised an additional 32 million euros in its latest funding round, from existing shareholders Tengelmann Ventures and Verlinvest. The investment will be used to focus on significant growth opportunities in fashion e-commerce across 27 emerging markets in four continents, the press statement said.

Lorenzo Grabau, chairman of GFG, said: “We are delighted to announce the appointment of Romain as GFG’s new CEO. He brings most valuable additional e-commerce expertise to complement the outstanding work performed by our regional leaders. He and Nils will be a great team to drive operational excellence across the various business units.”

Commenting on his appointment, Voog added: “I look forward to working with our outstanding teams on the next stage of developments of our five regional businesses and to building the leading fashion e-tailer of emerging countries.”